In this special episode, Connor Agnew speaks with Mike Campagna, Financial Advisor and Senior Qualified Plans Specialist, about developing financial wellness. The conversation covers essential money habits, from budgeting and tracking expenses to tackling high-interest debt and starting retirement savings early. Mike emphasizes removing shame from financial discussions, being kind to yourself during setbacks, and making small, consistent improvements over time. Drawing parallels between financial discipline and athletic training, he offers actionable strategies to help strength coaches and young professionals take control of their financial futures.
Key Takeaways
Start building financial habits early, just like fitness.
Automate savings to make it easier to save money.
Track your spending to identify areas for improvement.
Focus on paying off high-interest debt first.
Don’t let lifestyle inflation consume income increases.
Retirement savings should start as early as possible.
Be kind to yourself when facing financial setbacks.
Use budgeting tools to categorize and visualize expenses.
Consider refinancing student loans for better rates.
Work with a fiduciary financial advisor for personalized guidance.
Quote "When approaching all of this stuff, be kind to yourself... A slip up doesn’t mean you quit. The same thing with your financial health—get back on the wagon and keep going." — Mike Campagna
